Sentences with phrase «large lump sum of cash»

Not exact matches

Each paycheck, we DCA into various accounts (retirement and non-retirement); sporadically, we'll lump sum when we come across a larger pile of cash (bonus time to reduce a higher tax bill, a reimbursement check, etc).

«And doing that enabled us to better manage our cash flow, and our resources, and our work schedules, and our efficiency because we were now doing more work throughout the year and receiving more payments throughout the year, instead of large lump sums at the same time of every year,» says Kendrick.

More importantly, refinancing this type of loan into a traditional car loan allows you to turn that large payment into smaller payments paid out over time, freeing up a lump sum of cash you would have otherwise paid out.

Aside from the obvious value of receiving a large amount of cash as a lump sum, there are some risks with choosing an annuity to receive the death benefit.

Personal loans are a good way to access a lump sum of cash if you have a large expense to cover right now, but may ultimately cost more in the long run.

Once a large lump sum has been saved up, it may be worth considering other ways to make your money work harder for you, but this will ultimately involve tying up the cash for a longer period of time.

Additionally, the death benefit of life insurance is not taxed to the trust beneficiary, allowing the beneficiary to receive a large lump sum cash payout.

Each paycheck, we DCA into various accounts (retirement and non-retirement); sporadically, we'll lump sum when we come across a larger pile of cash (bonus time to reduce a higher tax bill, a reimbursement check, etc).

The «cashing out» part of the equation requires you to take out a larger home loan than you currently have so you can receive the difference as a lump sum.

Personal loans are a good way to access a lump sum of cash if you have a large expense to cover right now, but may ultimately cost more in the long run.